Health Care Center for the Homeless Inc
Analysis
Health Care Center for the Homeless Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Health Care Center for the Homeless Inc reported income of $17.6m and spending of $15.8m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.3m to $17.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 94% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Care Center for the Homeless Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Mercy St Francis Hospital ($17.6m), Iowa Health Foundation ($17.6m) and Milton and Hattie Kutz Home Inc ($17.6m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $961k (6.1% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $13.3m against liabilities of $4.5m, net assets of $8.8m. It reported 195 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 18%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mercy St Francis Hospital | Mountain View | $17.6m |
| Iowa Health Foundation | Des Moines | $17.6m |
| Milton and Hattie Kutz Home Inc | Wilmington | $17.6m |
| Childrens Hospital of Michigan Foundation | Detroit | $17.6m |